| Dependent variable | F-Statistic | Outcome | ||
| FPP (PP\GDP FDI DI L) | 6.056311 | Cointegration | ||
| FGDP (GDP\PP FDI DI L) | 4.814617 | Cointegration | ||
| FFDI (FDI\GDP PP DI L) | 3.805014 | No cointegration | ||
| FDI (DI\FDI GDP PP L) | 3.434352 | No cointegration | ||
| FL (L\DI FDI GDP PP) | 3.975338 | No cointegration | ||